7 Common Whale Tricks Used to "Trap" New Traders

Have you ever wondered why the price goes in the opposite direction as soon as you place an order? It's not always just bad luck – many times it's actually the "invisible hand" of the whales. In the financial market – especially in crypto – whales are investors who own a large volume of tokens. With their capital strength, they can manipulate prices at will, trapping retail traders. Understanding their tricks is the first step to self-protection. 7 Common Whale Tactics

1. Place Order (Spoofing) 🐳 Whales place huge buy/sell orders to create false pressure on the order book. Small traders see this and think a big movement is about to happen, but just before the orders are matched, the whales cancel everything. 👉 Lesson: Don't fully trust the order book, because not every lệnh is real.
2. Hunt Stop-Loss 🎯 They deliberately pushed the price down below the important support zone, causing the stop-loss of small traders to be wiped out. When many people panic-sell, the whales immediately scoop up the cheap goods. 👉 Lesson: Avoid placing stop-loss too close in a highly volatile market.
3. Pump & Dump 🚀📉 Whales quietly accumulate tokens at low prices, then create strong momentum to attract FOMO from the community. When retail investors rush in to buy, whales sell to take profits at the peak. 👉 Lesson: Be cautious of unusual spikes.
4. Virtual Trading (Wash Trading) 🔄 Some whales buy and sell among themselves to inflate the volume, making the token appear "hot" and have high liquidity. 👉 Lesson: Check real liquidity, don't just look at the volume.
5. Psychological Control (News & Influencer) 📢 Whales can use media, KOLs, or spread rumors to inflate positive sentiment. Meanwhile, they quietly offload their holdings. 👉 Lesson: Always verify the news before acting on emotions.
6. Accumulation in Sideway 📊 They kept the price moving sideways for a long time to discourage small traders. When retail investors lose patience, sell out, or give up, the whales start to push the price up for real. 👉 Lesson: Be patient and wait, don't rush to exit the order when the market is "sleepy."
7. Liquidity & Liquidation Trap 💧 Whales push the price to areas with many pending orders (liquidity zones), filling all retail orders, and then turn back in the opposite direction. 👉 Lesson: Understand the liquidity map, don't place overly predictable orders. How New Traders Protect Themselves ❌ Don't chase the pump, and don't panic during the dump.📈 Focus on the long-term trend instead of watching the chart every minute.🛡️ Manage your capital tightly, don't go all-in.📊 Learn basic technical analysis to identify traps. Conclusion Whales are not "Unbeatable." As long as you understand their tricks, you will avoid becoming "Exit Liquidity" and trade with more confidence.